News

Supreme Court unanimously restores Federal High Court judgment, permanently forfeiting seven landed properties, $2.045 million, and share certificates linked to former CBN Governor Godwin Emefiele to the Federal Government. Apex court overturns Court of Appeal ruling, holding that...

The Federal Government filed a 10-count charge against three suspected Ansaru-linked operatives, accusing them of conspiring to kidnap 39 schoolchildren and seven teachers in Oriire Local Government Area of Oyo State Prosecutors alleged the suspects concealed intelligence about...

A major market gauge measuring trader emotions recently collapsed to a single-digit score of just 8. The largest digital token is currently fighting to hold its ground around the 63,000 dollar line. Massive institutional investment funds have recorded...

The Nigerian Financial Intelligence Unit (NFIU) says terrorists, kidnappers, drug traffickers, cybercriminals, and other organised criminal groups depend on illicit financial flows, with financial intelligence increasingly helping to disrupt their operations. The agency disclosed that intelligence generated by...

President Bola Tinubu has signed an Executive Order creating a coordinated regulatory framework for virtual assets, bringing key financial, security and revenue agencies under a unified oversight structure. The new framework establishes a Virtual Assets Council chaired by...

RenCap estimates Nigerian banks may need to raise more than ₦1.7 trillion if the CBN adopts its proposed HoldCo capital framework. Access Holdings faces the largest projected funding gap, while UBA, Zenith Bank, and Fidelity Bank could also...

The father of the late Mary Habila has petitioned the Inspector General of Police, demanding the immediate release of his daughter's remains, nearly two weeks after her death, saying the family's prolonged wait has deepened its grief. The...

The total national savings in foreign cash have climbed way up to 52 billion dollars. Clean spendable savings made a massive jump from 3 billion dollars to over 40 billion dollars. New economic policies managed to clear away...

IGP Tunji Disu warns that illicit arms are being transported from insurgency and banditry hotspots in Maiduguri and Zamfara to the South-West through road and water routes, describing the trend as a growing national security threat. The police...

NITDA has transferred Nigeria's Public Key Infrastructure (PKI) to NIMC, strengthening the country's digital identity security framework under the newly amended NIMC Act. The handover positions NIMC as Nigeria's Root Certification Authority, giving it responsibility for securing digital...